NSE Press Release
The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. June 25, 2007. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.
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Add commentJune 21st, 2007
NSE Press Release
The media had reports on March 20, 2007, that Royal Orchid Hotels Limited plans to set up a chain of budget hotels called Pepper Mint and also form a fully owned subsidiary, AB Holdings, to manage the same business.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Royal Orchid Hotels Limited has vide its letter inter-alia stated, “Royal Orchid Hotels Limited is planning to target the lower end of the hospitality pyramid with a chain of budget hotels called Pepper Mint. A B Holdings Private Limited, the fully owned subsidiary of the company will manage the budget hotel business of the hospitality chain.”
Add commentMarch 22nd, 2007
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